Stocks Bounce Back After 1 Week Of Devastating Losses

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The stock market is finally recovering.

According to Fox News, the stock market is finally clawing its way back after last week’s huge losses. The Dow Jones Industrial Average is rising by 3.6 percent, or over 700 points.

This news comes after it was revealed that deaths from Coronavirus actually dropped yesterday.

What This Means

As Americans are finally getting used to the Coronavirus pandemic, apparently investors are predicting an upturn in prices. Even the oil market seems to be making a comeback.

This occurred after President Trump held a meeting with American oil executives Friday, promising to support the industry amid a collapse in oil prices partly due to a drop off in demand related to the coronavirus and also due to a price war between Russia and Saudi Arabia.

Trump’s promise to help the oil industry really helped bounce stock prices back.

Light At The End Of A Tunnel

President Trump has also stated that he believes the Coronavirus deaths are going to come to an end in the days ahead:

“We see light at the end of the tunnel. Things are happening. We’re starting to see light at the end of the tunnel. And hopefully in the not too distant future we’ll be very proud of the job we all did. You can never be happy when so many people are dying, but we’re going to be very proud of the job we did to keep the death down to an absolute minimum.”

Although Trump hasn’t stated that we are at the end of the tunnel yet, we are getting there.

But thankfully, President Donald Trump and his administration has acted appropriately during this crisis. And as a result, Americans have faith that things will get better.

Do YOU have confidence in President Trump? Comment below!

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